According to the report, “Global Mobile Security Market, By Solution (Mobile Data Protection, Mobile VPN, MAM, Mobile Identity Management, Mobile Device Management), By Service (Consulting, Implementation, Managed Services, Training & Support), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, Latin America) Report Forecast - 2014 to 2022”, the market for mobile security is expected to grow at a healthy Compound Annual Growth Rate (CAGR) during the forecast period.
The mobile security market report offers in-depth understanding of the major drivers and restraints of the market to provide the information about the growth trends and revenue forecasts for the global market.
According to the mobile security market report, the global market is estimated to witness growth at a healthy CAGR during the forecast period. The report attributes this growth to the rapidly advancing technologies and the rising demand for the mobile security solutions and services.
The major driving factors for the market include the strong demand for Smartphone and tablets, growing reliability on technology, changed lifestyle, and favorable government policies.
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According to the report, increasing awareness towards prevention of the data loss is also one of the major driving factors for the market. The increasing global trend of Bring Your Own Device (BYOD) is also considered as one of the major drivers for the key market players.
The strong restraining factors for the market include high costs of the mobile analytics solutions and lack of awareness about the advantages of mobile security.
However, growing demand from the small enterprises and developing regions is expected to create growth opportunities for this market.
The mobile security market report segments the global market by the types of solutions, services, and the major geographic regions. The types of solutions include MAM, mobile VPN, mobile data protection, mobile device management, and mobile identity management.
The major service segments of the market include managed services, implementation, consulting, and training and support. The major geographic regions of the market include Asia-Pacific, North America, Latin America, Europe, and Middle East and Africa.
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The key players included in the mobile security market include Bull Guard, IBM Corporation, Intel Corporation, Mobile Active Defense, Mobile Iron, Motorola, Samsung Group, SAP SE, Sophos Group, Symantec Corporation, and such others. According to the report, the key market players are expected to witness strong business opportunities across the emerging geographic regions.
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